Tudor Estate Agents - Surveyors and Property Managers - New Nov 16

CheckList This page has been updated following the RENTING HOMES (FEES ETC) (WALES) ACT 2019

Stage 1

Choose your preferred property. At this stage you should read ' guide to Tenants in Wales issued by Welsh Government' A Guide to Renting in Wales - Welsh Government

Stage 2

Before requesting a viewing of an available property please complete the short pre-application form (see here).

As part of this process you will be asked to give consent to your data being collected and held by Tudor for the purpose of considering your application. More details about General Data Protection Regulation (GDPR) here

Stage 3

If your pre-application is accepted by the Landlord and Agent you will be invited to inspect the property.

Stage 4

Should you then wish to proceed with the application you will be asked to pay a holding deposit and you will be invited to proceed with your application/credit check.More details on the Holding Deposit

Legal Position -Welsh Ministers have the power to make regulations which may set out a list of the information that must be provided to tenants before a Holding Deposit can be taken. The Welsh Government has consulted on this issue. However, the information will be subject to additional legislation and the Welsh Government has not yet clarified any further details.

We will be charging a holding deposit of £100 per application at the start of the referencing period.

If the applicant takes the tenancy this will be refunded or used as part of the first months rent. If the applicant chooses not to take the tenancy for any reason the deposit will be retained by Tudor EA. If the applicants fail the referencing they will be entitled to the deposit provided you have provided correct information for the referencing. See below.

What happens to the deposit if you fail the referencing?

Failing referencing isn’t enough to withhold a potential tenant’s Holding Deposit

If a tenant provides completely factually and accurate information but still fails referencing, agents will have to still return the Holding Deposit. To withhold the Holding Deposit for a tenant providing false or misleading information, the agent must be able to prove that the tenant provided factually inaccurate information rather than the tenant made a mistake. For example, a potential tenant stating that their salary was higher than it actually is would be providing false or misleading information.

The Holding Deposit can be retained by the agent if it is found that the tenant does not comply with the 'Right to Rent' regulations - Immigration Act 2014. Although this does not apply in Wales Tudor Chartered Surveyors policy is to adhere to the Right to Rent Scheme.

Can I pay the rent in advance or the Security Deposit before a tenancy is signed?

Where a tenant is not physically available to sign an agreement before the term of the tenancy begins, landlords and agents can require rent in advance, or the Security Deposit. This cannot be classed as an excess Holding Deposit providing the tenant is made aware in writing that any such payment was an advance payment of rent or the Security Deposit.

During this time no further applications will be considered for the property

Stage 5

After we have received your holding deposit payment you will receive an email from the credit check company and you will need to follow their link to complete the application process on-line.

The credit check will be undertaken by Rent4Sure

Stage 6

Acceptance of your reference - a tenancy Agreement will be prepared

Tenancy Application Process

updated 10/07/2020